UK Companies House feature
SP MANWEB PLC
Profile
- Company number
- 02366937
- Status
- Active
- Incorporation
- 1989-04-01
- Last accounts made up
- 2024-12-31
- Account category
- FULL
- Primary SIC
- 35110
- Hubs
- UK Energy & Climate
Accounts
Pending extraction
Audit & accounting basis
From AI-extracted PDF accounts
- Accounting basis
- FRS 101
- Reporting scope
- Standalone (parent only)
- Auditor
- KPMG LLP
- Audit opinion
- Unqualified (clean)
- Going concern
- Affirmed
“The financial statements have been prepared on a going concern basis which the directors consider to be appropriate for the following reasons. The principal activity of the Company is the ownership of the electricity distribution network in Cheshire, Merseyside, North Shropshire, and North Wales within the group headed by SPUK ("the SPUK Group"), the Company's intermediate parent company. The Company's cash flows are therefore dependent on the continuation, volume, and pricing of those operations and have been considered as part of the SPUK Group's cash flow forecasts, on which the directors of the SPUK Group have performed an assessment of reasonably possible downsides. Cash and liquidity are managed centrally by the ScottishPower Treasury function, with working capital requirements of the Company funded by SPL, the parent company of SPUK, who also operate a cash pooling arrangement, which the Company is party to. Centralised funding and cash management aligns with the Iberdrola Group model. The directors have performed a going concern assessment which indicates that, in both the base case and reasonably possible downsides, the Company will require additional funds, through funding from SPUK, to meet its liabilities as they fall due for at least twelve months from the date of approval of these financial statements, the going concern assessment period.”
Significant events
- “SPENH acquired 88% of the share capital of North West Electricity Networks (Jersey) Limited ("NWEN") in October 2024. NWEN indirectly owns 100% of the share capital of Electricity North West Limited ("ENW").”
- “The second year of the five-year, £3 billion, RIIO-ED2 (Revenue = Incentives + Innovation + Outputs) price control period commenced on 1 April 2024.”
- “The Company increased the estimated useful life of its onshore underground cable assets from 40 years to 60 years.”
Auditor / going-concern / subsidiary information is extracted from the PDF version of the latest annual accounts and is not tagged in iXBRL. About these numbers
People
6 active · 56 resigned
| Name | Role | Appointed | Born | Nationality |
|---|---|---|---|---|
| PHILIP, Andrew | Secretary | 2025-11-26 | — | — |
| BAKER PESSOA DE ARAUJO, Beatrice Helene | Director | 2026-01-01 | Apr 1961 | Portuguese |
| CONNELLY, Nicola Mary | Director | 2024-07-01 | Sep 1970 | British |
| HENDRY, Charles, Rt Hon. | Director | 2023-01-31 | May 1959 | British |
| KING, Gillian Elizabeth | Director | 2024-06-19 | Jun 1964 | British |
| O'SULLIVAN, Liam Gavin | Director | 2020-12-16 | Apr 1977 | British |
Show 56 resigned officers
| Name | Role | Appointed | Resigned |
|---|---|---|---|
| DAVIES, Michael Howard | Secretary | 2011-01-07 | 2014-12-31 |
| GREGG, Rhona | Secretary | 2006-06-30 | 2007-10-26 |
| MCCULLOCH, Alan William | Secretary | 2003-05-01 | 2005-09-30 |
| MCPHERSON, Donald James | Secretary | 2005-09-30 | 2006-06-30 |
| MITCHELL, Andrew Ross | Secretary | 1995-10-12 | 2003-05-01 |
| O'GORMAN, Seumus | Secretary | 2014-12-31 | 2025-11-26 |
| ROSS, Marie Isobel | Secretary | 2007-10-26 | 2011-01-07 |
| WILLIAMS, David Nicholas | Secretary | — | 1995-10-12 |
| ABEL, Geoffrey Charles | Director | 1997-02-19 | 1998-03-31 |
| ASTALL, John | Director | — | 1994-10-31 |
| BARNES, Wendy Jacqueline | Director | 2015-01-01 | 2020-05-06 |
| BERRY, Charles Andrew | Director | 1996-08-12 | 2001-09-14 |
| BRYCE, Alan Alexander | Director | 2007-01-31 | 2009-10-01 |
| CARNWATH, Alison Jane, Dame | Director | 1993-06-10 | 1995-10-12 |
| CURRIE, Stanley | Director | 2001-01-29 | 2001-09-14 |
| FENWICK, Trevor John | Director | 1996-10-01 | 1999-02-28 |
| FOX, Suzanne | Director | 2022-02-02 | 2023-01-31 |
| FOX, Suzanne | Director | 2017-09-27 | 2018-11-15 |
| GARSTON, Sheila Margaret Nesta | Director | — | 1993-03-31 |
| GLOVER, Lesley Anne, Professor Dame | Director | 2019-07-03 | 2022-03-20 |
| GOODALL, Ralph William | Director | 1993-09-07 | 1995-10-12 |
| HAYWOOD, Elizabeth Zaidee, Dr | Director | 2015-01-01 | 2017-12-31 |
| HOLT, Denise Mary, Dame | Director | 2014-03-31 | 2014-06-24 |
| HOPKINS, Peter Donald | Director | — | 1995-07-31 |
| HUTTON, John Matthew, Lord | Director | 2024-07-16 | 2025-05-05 |
| KELSALL, Vicky | Director | 2022-08-26 | 2024-06-30 |
| KINSKI, Michael John | Director | 1995-10-12 | 1998-03-01 |
| KIRKHAM, Howard | Director | — | 1995-10-12 |
| LANDELS, William Daniel | Director | 1996-08-12 | 1999-09-01 |
| LEONARD, Colin William | Director | — | 1994-10-09 |
| MACLAREN, Robert Francis Bayvel, Professor | Director | 2001-09-14 | 2005-03-30 |
| MATHIESON, Scott Hamilton | Director | 2005-11-18 | 2026-01-22 |
| MCDONALD, James Rufus, Professor Sir | Director | 2014-03-31 | 2015-11-18 |
| MCGREGOR, Alison Mary | Director | 2018-11-15 | 2024-08-22 |
| MENZIES, John Ivor Gibbons | Director | 1999-06-18 | 2001-01-29 |
| MERCER, Ronnie Edward | Director | 2001-09-14 | 2005-01-10 |
| MITCHELL, Frank | Director | 2009-10-01 | 2022-08-26 |
| MORGAN, Richard Francis | Director | — | 1994-04-01 |
| MORRIS, George Eryl | Director | — | 1995-10-12 |
| NIGHTINGALE, Glen | Director | — | 1995-10-12 |
| NISH, David Thomas | Director | 2005-01-10 | 2005-09-06 |
| NISH, David Thomas | Director | 1998-02-18 | 2001-09-14 |
| RICHARDSON, Alan Victor, Prof | Director | 1996-08-12 | 1999-06-18 |
| ROBERTS, John Edward | Director | — | 1995-10-12 |
| ROBINSON, Ian, Sir | Director | 1995-10-12 | 1997-09-01 |
| RUSSELL, Ian Simon Macgregor | Director | 1995-10-12 | 2001-09-14 |
| RUTHERFORD, David | Director | 2005-09-06 | 2007-01-31 |
| SAUNDERS, Stewart Henry | Director | 1999-09-01 | 2002-03-31 |
| SIDDALL, Stuart James | Director | 1995-05-01 | 1995-10-12 |
| STEWART, Stephen Alexander | Director | 2015-04-30 | 2020-06-10 |
| SUTHERLAND, James | Director | 2005-03-30 | 2005-11-18 |
| VERNON-SMITH, David Alexander | Director | 1994-03-01 | 1995-10-12 |
| VOWLES, Kenneth Leslie, Professor | Director | 1999-04-21 | 2002-03-31 |
| WESTON, Bryan Henry | Director | — | 1994-09-01 |
| WHYTE, Duncan | Director | 1995-10-12 | 1999-05-31 |
| WILSON, James Fleming | Director | 2002-05-27 | 2005-12-23 |
Ownership
Persons with significant control
| Name | Kind | Nature of control | Notified | Status |
|---|---|---|---|---|
| Scottish Power Energy Networks Holdings Limited | Corporate entity | Shares 75–100%, Voting 75–100%, Appoints directors | 2016-04-06 | Active |
Filing timeline
Last 20 of 356 total filings
| Date | Type | Category | Description |
|---|---|---|---|
| 2026-03-03 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2026-01-23 | TM01 | officers | termination director company with name termination date |
| 2026-01-06 | AP01 | officers | appoint person director company with name date |
| 2025-11-26 | AP03 | officers | appoint person secretary company with name date |
| 2025-11-26 | TM02 | officers | termination secretary company with name termination date |
| 2025-07-02 | AA | accounts | accounts with accounts type full |
| 2025-05-05 | TM01 | officers | termination director company with name termination date |
| 2025-03-03 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2024-08-22 | TM01 | officers | termination director company with name termination date |
| 2024-07-18 | AP01 | officers | appoint person director company with name date |
| 2024-07-01 | AP01 | officers | appoint person director company with name date |
| 2024-07-01 | TM01 | officers | termination director company with name termination date |
| 2024-06-28 | AA | accounts | accounts with accounts type full |
| 2024-06-24 | AP01 | officers | appoint person director company with name date |
| 2024-03-04 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-07-06 | AA | accounts | accounts with accounts type full |
| 2023-03-02 | CS01 | confirmation-statement | confirmation statement with no updates |
| 2023-02-03 | AP01 | officers | appoint person director company with name date |
| 2023-02-01 | TM01 | officers | termination director company with name termination date |
| 2022-11-10 | MA | incorporation | memorandum articles |
Credit score
Altman Z″ — composite of working capital, retained earnings, EBIT, and leverage
Activity Score
Filings velocity, capital events, officer churn, accounts trajectory